Tag: real-estate-newsletter

New contracts in NYC get huge boost thanks to declining mortgage rates: report

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Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…

Construction set to begin on 47-story skyscraper in Kew Gardens Hills

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Oct. 2, 2024 By Ethan Marshall A construction project on a 47-story mixed-use skyscraper complex at 71-12 Park Ave. in Kew Gardens Hills is set to begin. Located along Parsons Boulevard, between 71st Avenue and 72nd Avenue and adjacent to the 107th Precinct, the complex will consist of two towers at a shared podium.…

Celebrate ‘Archtober’ with architecture centered events at Flushing Town Hall this October

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Sep. 30, 2024 By Athena Dawson Flushing Town Hall is set to celebrate New York City’s Architecture and Design Month this October. The multidisciplinary performing arts venue hosts various events in partnership with AIA Queens- a chapter of the American Institute of Architects- and the Queens Foundation for Architecture.  Throughout the month of October, residents…

Bayside community ramps up opposition to City of Yes housing plan as city council vote nears

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Sep. 19, 2024 By Iryna Shkurhan A residential street in Bayside was closed on Monday evening to accommodate the substantial crowd of local residents, including some who traveled from southeast Queens to protest the City of Yes initiative.  In northeast Queens, elected officials and residents gathered once again to make a strong statement in…

Queens, Brooklyn and Manhattan experiencing more competition in rental market: report

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Sep. 17, 2024 By Ethan Marshall Over the course of the summer of 2024, viewed as the peak rental season, Queens and Brooklyn each experienced sharp increases in competition among renters compared to the same time in 2023 and Manhattan maintaining a high degree of such competition, according to a Rental Competitiveness Report by…